You Won't Regret Reading the Facts on Nuvve.

By Ken Smith • Tuesday, January 31 12:16 • Permanent Link

During the afternoon session, Nuvve moved -40.9%, compared to 0.6% for the S&P 500.

Nuvve Holding Corp., a green energy technology company, develops and commercializes vehicle-to-grid (V2G) technology in North America, Europe, and Japan. Based in San Diego, United States the company has 61 full time employees and a market cap of $32,916,591.

The company is now trading -89.68% away from its average analyst target price of $13.17 per share. The 3 analysts following the stock have set target prices ranging from $2.5 to $26, and on average give Nuvve a rating of buy.

Over the last year, NVVE shares have gone down by -66.5%, which represents a difference of -54.8% when compared to the S&P 500. The stock's 52 week high is $10.25 per share and its 52 week low is $0.44. With its gross margins declining an average -57.0% over the last four years, Nuvve may not have a strong enough business to reverse this trend.

Date Reported	Revenue ($ MM)	Cost of Revenue ($ MM)	Gross Margins (%)	YoY Growth (%)
2021-12-31	3	2	31.45	-57.02
2020-12-31	2	1	73.18	n/a

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.